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Taiwan Semiconductor, the world's largest chip foundry, has outperformed the S&P 500 and tech sector in 2024. Read why I assign a buy rating for TSM stock...
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Apple is starting to reduce networking component dependency on its suppliers as it transitions toward in-house manufacturing. Read why AAPL stock is a Buy...
Continue ReadingThe Gabelli Global Growth Fund returned +2.7% during the third quarter, compared with a +5.5% return for the S&P 500. Click here to read the full commentary...
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Quantum computing stocks are rising quickly, but investors will need to be strapped in for a long ride. Market reaction has been fierce in the wake of Google-parent Alphabet Dec. 9 announcement of its new Willow quantum computing chip. Alphabet shares are up 7% since the reveal, but more of the price action has been focused on three much smaller companies with a combined market capitalization of under $8 billion, Quantum Computing Rigetti Computing and D-Wave Quantum which are up by an average of 159%...
Continue ReadingFairholmeâs 13F stock portfolio value rose from $1.39B to $1.46B in Q3 2024. Click here to read more about the holdings and trades of the portfolio...
Continue ReadingBRUSSELS (Reuters) -Apple on Wednesday hit out at Meta Platforms, saying its numerous requests to access the iPhone maker's software tools for its devices could impact users' privacy and security, underscoring the intense rivalry between the two tech giants. Under the European Union's landmark Digital Markets Act that took effect last year, Apple must allow rivals and app developers to inter-operate with its own services or risk a fine of as much as 10% of its global annual turnover. Meta has made 15 interoperability requests thus far, more than any other company, for potentially far-reaching access to Apple's technology stack, the latter said in a report...
Continue ReadingApple (AAPL) has released its second wave of artificial intelligence features in iOS 18.2 across Mac, iPad, and iPhone devices. Yahoo Finance Tech Editor Dan Howley joins Asking for a Trend to demonstrate the top three new features: ChatGPT integration, Genmoji, and Visual Intelligence. Howley also explores additional capabilities, including App Intention—which enables Siri to perform specific tasks within apps—and enhanced personal content usage for improved task automation. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Angel Smith...
Continue ReadingMicrosoft bought more than twice as many Nvidia Hopper chips this year than any of its biggest rivals. The tech giant bought 485,000 Nvidia Hopper chips across 2024 according to reporting from the Financial Times, which cited data from tech consultancy Omdia. To compare, Meta bought 224,000 of the same flagship Nvidia chip this year. Microsoft's 2024 chip purchase more than tripled the number of Nvidia chips the company bought in 2023. Microsoft is building its own custom AI chips, too, called M...
Continue ReadingTesla stock slips after closing at another record high, Nvidia shares bounce back, and Honda and Nissan confirm they are exploring a merger or other future collaboration. Micron reports quarterly earnings Wednesday...
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